Firsthand Bitcoin · Data · Bitcoin miners
Network value to transactions: market capitalisation against the value settled on chain, on 90-day averages.
NVT ratio (90-day) opened 2016 at 35.1 (January 1, 2016) and closed at 60.4 (December 31, 2016), up 71.9%. The high was 67.7 on November 15, 2016 and the low 35.1 on January 1, 2016.
| Month | Month end |
|---|---|
| January 2016 | 38.2 |
| February 2016 | 41.0 |
| March 2016 | 44.6 |
| April 2016 | 44.4 |
| May 2016 | 48.0 |
| June 2016 | 46.9 |
| July 2016 | 51.0 |
| August 2016 | 55.4 |
| September 2016 | 65.4 |
| October 2016 | 66.6 |
| November 2016 | 65.9 |
| December 2016 | 60.4 |
Bitcoin’s price-to-earnings ratio: market capitalisation divided by the dollar value the chain settles. A high reading means the network is valued richly against its use; a low one means it is cheap. Both series are averaged over 90 days, which is how the signal is usually read.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2015 · 2014 · 2013
Also in 2016: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price